Fosun International Ltd. has revived a plan to sell Hong Kong-based Peak Reinsurance Co. after failing on a previous attempt, according to people familiar with the matter. BNP Paribas SA is helping the Chinese conglomerate find a buyer for its …
This edition of International People Moves details appointments at Peak Re, Gallagher Re and the Cambridge Centre for Risk Studies. A summary of these new hires follows here. Peak Re Appoints Echo Re’s Nowakowski as Head of Product Underwriting for …
Peak Reinsurance Co. Ltd., a Hong Kong-based global reinsurer, announced it has reached a definitive agreement to acquire the remaining 50% issued share capital of the Caribbean insurance group NAGICO Holdings Ltd. Financial terms of the deal were not disclosed. …
The following international People Moves provides details of appointments at reinsurer Peak Re and two brokers, TigerRisk and Oneglobal. A summary of these new hires follows here. Peak Reinsurance Co. AG, the wholly owned European subsidiary of the Hong Kong-based …
This wrap-up of international People Moves details recent appointments at Peak Re, the Hong Kong-based reinsurer; Euler Hermes, the Paris headquartered credit insurer, and Sedgwick, the provider of technology-enabled risk, benefits and integrated business solutions. A summary of these new …
This wrap-up of international People Moves details recent appointments at Peak Reinsurance, Berkshire Hathaway Specialty Insurance and the new Bermuda-based insurer Mosaic. A summary of these new hires follows here. Peak Reinsurance Co. Ltd., the Hong Kong-based global reinsurer, announced …
Moody’s Investors Service has assigned an A3 insurance financial strength rating (IFSR) to Hong Kong-based Peak Reinsurance Co. Ltd. with a stable rating outlook. Peak Re’s A3 IFSR reflects its good franchise in the Asian reinsurance market, solid capitalization, expanding …
Peak Reinsurance Co. Ltd. has entered into definitive agreements to acquire 100% of the capital of Lutece Holdings Ltd. and its subsidiary Lutece Investment Management Ltd., a Bermuda-based insurance linked securities (ILS) asset manager. The transaction is subject to regulatory …
Peak Reinsurance Co., the Hong Kong-based reinsurer, announced it has launched Asia’s first sidecar transaction via a new Bermuda-domiciled special purpose insurer, Lion Rock Re Ltd., to provide collateralized retrocession for part of Peak Re’s global property reinsurance risk portfolio. …
A wholly owned subsidiary of Prudential Financial Inc. (PFI) has signed definitive agreements to purchase a 13.1 percent stake in Peak Reinsurance Holdings Ltd., the sole shareholder of Hong Kong-based Peak Reinsurance Co. Ltd. Prior to the transaction, Fosun International …
